HomeMy WebLinkAbout1954 Y
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THIS INPENTURE, Mad~ th~ 16th day of !
~IIll~l M~~Qla ~~u oavin8 ~~~de~r ~ ~is wli ~ -
of St L+L`~! - Co~nfy Flaid+, F+ereinafter dei Jpd..~s ~F'f`~~~IQRT~''~G~.R,, ~+d fiRST fEDERAI S~?VINGS AND IOAN
ASSOCIATION Of fORT PIERCE. ~ oorpa+tio~ orpaniud ynd ~xwtiny ynde~ t~'taW~ of tbi UnMeq ta~a. of Art»rica ~+id havinp its prin:ipal plap of
b~sin~ss in tM City of fort Pi~u. St. luci~ Co~nty, ilorida, larcinaftet dasigosted as .tlro "MORTGA f."
16 ~ and Iawful ma»y of tM Un;tsd
WHEREAS Ih~ MORTGAGOR is jvstly indebted ~o ths MORTGAGEE i~ tM ium of s ~°Od
States advanced by the MORTGAGEE unto tM MORiGAGOR, es oyidenced by a ce~taio promiuory not~ o( tvee date he~ewith, of which th! fdbwinp io
wo~ds snd fiyvr~s i~ a trw copv. to-w~~: 100221`2
~ 16.ODi).00 , we
D~cosber 16 __,q 74
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fw value received, 1, we w either of us, prom~se to pay, wi~hout d~falca~ion, to the orde+ of FIRST ~EOERAI SAVINGS ANO LOAN ASSOCIATION OF ,
FORT PIERCE af Fat Pierce, Fiwida, ths sum of S 16 _ AOO. ~ with intuest from date at the ~ato of Zs.!~r7rr pK +~num, in monlhly intt~ll- !
ments as fotlows: = 152•~ a'~ Ihe 2Oth day of Januarv 19 75 ~rx! a like ium a+ the correapa~dK+p d+y of each month thKr
aftet unti! the whole be fully paid ~
Each insta~Imem fint ~hal1 be appGed in paymoot of ths imteresl Lnd then on the unpaid bal~ne~ of the pri~c~p~~ wm. (f dsfwh is msd~ in 1h~
paymeM of any instatlment when due, artd wch def~ult con~~nues 30 days, then at the op+ion oi the horder, and without any other notice, all the rsmaining
ins~allmenls shall be due and payable at once. Privilege ia given to prepay this note in whole or in part at any tim~ without penalty. Neither fonbestanu,
nor acceptance by the holder the~eof af~er any default in any payrnsn~s Mreon, shall be deemed extension. A late payment cMrge of s 7~60 stu~~ b~
added to each imtaltment remaioir~ unpaid 7 days afta its due data, and a like sum ahall be added to each such installment ranaininy unpaid 7 days ~ft~r
each tucceedirg psYment date. .
•Each msker, surey and endwser he~eof, ~ointly and severalEy, wa+ves demand, presentment protest and notice of profest fw nonpaymenf, and further
agrees to sny exrens+a~ of t~me of payment, either befo?e w sfter matur+ty, witF,out not~ce to any of us; and to pay aIl oosti of cdlectiw+, includirg •
roasonable attoroey's fee in the evenl of any default hereu~xfer, and hrreby se~maily waivH all bene(it of homestead aod ezemption uader the tonstitutioe
and laws of exh State of the Uniied States, as ~gainst this obligation w any extensiw~ w re~ewat hereof.
. Witneu the hand and sesl of each party. :~nu81 M~1eAd@i
- (~ti?y
s/Bloina Menendea ~wu
(sE~U
~ S2* ~ ~ 1 State Reveoue
(5~,wp~~+~Mae~`onro~~~wea) -
16 ~ ~00. 00 sod tM rformanc~ of tFw
NOW, THEREFORE, the MORTGAGOR fo~ the purpose of secvring payment of said sum of S ~ ~
cova?sMt ~od agreements herei~after expre~sed, and for diven 9ood snd valwble :ocu~derations, by thtse prese~ri, does y?~nt, bsryain, sell, remise,
rekase, convey and confirm unto fhe MORTGAGEE. its successors and auigns, all ~hat certain lot, piece or putel of (and, situate, tYinp. and beinp in tFM
County of St • L~Cie sod State of Fbrida, dewib~d as follows:
Lot 5 and th~ M1est 15 feQt of Lot 4, Block 1, SABA[. PAL.M SUB~IVYSION, as
..e.. thnrQaf Yecorded in Plat Book 10, Page 16, Public RecoYds of St.
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Lucie County, Florida?, ~
~ ~ ST T~ FL. ~~DA!
D~CUMEN~ARY~
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~ togethe~ with all and singular the tenements, hered~tsments snd +ppur?snces th~reunto bebngrt+q or in +nlrniss appe~ninieg thaeoo, snd ill rents, issws.
proceeds and profits accruing snd ro acu~re from ssid premises, all of which ue included in the abo+r~ +ed forepoinp d~cripf'an u+d h~be~dum.
TO HAVE AN~ TO HOID the above deuribed and granted premises unto tlx said MORTGAGEE, ib stioaswn ~nd +ssisns forew~• Md 1~
MORTGAGOR for -
~giZ---- ~~rs, ~xKUtors, sdministratas snd ssi~gro, hereby coven+nts with tl+~ said MORTGAGEE, it~ waessas +nd ~sslpm.
t~~ they are _,,wf„uv xized of the ssid prem~ses in fee simple: that the sam~ are frN, clear ~nd d'ach+r~ed from +11 liens and ~na+m-
bru~ces in law or in equity, ~d ~r~~hev will snd their ixin thall wa~ram and defend tlw titl~ to tfie same to tlM s+ld
MORTGAGEE, ita successws snd assigns, forever sgsinst the lawful claims and dsmands of all perw~s;
PROVIDE~, ALWAYS thst if the MORTGAGOR shtli pay unto the MORTGAGfE tF?e pronusawY no~e hKe~?befon desc~ibed and ahsl) huly, prompiM
~nd f~{Iy perfwm, d~uharge, execute, complete, comply with and sb'~de by esch snd every tM stipvlstiaa, agreemems, conditiaa and cown~nb of ssid
prumisswy rate and of this Mortgsge, then this Mwtgsge ~~d the Estate hereby ueafed shall oeafe +nd bs rw~~ ~nd vad-
IT IS UNDERS~000 that the word "Matgagor•• whether in the si~gular or plural ~nywhere in this MwtyaQe, sh+ll b~ sinpvla if one only a~d
shall be plural 'pintly and severally if more 1F~an one. and that tM word "the'v" as vsed +nywhere in fhis Mat~pe ~hsll be fak~n to mesn "hb.•• •'M~s." ~d
or "its;' wherever the conteat w implies a sdmits. Alw, that whereva there is • reference in the covens~n u~d .9raemenn haein oom+irnd to any of c~
the p+?ties he?eto, the ssme shsll be construed to mesn ss well as tF~e heirs, legsl representatives, successors +od usiQ^t (eifha~ vduntuy by ~ct of the
partiea o~ i~voluntsry by operation of tF~e Isw) of the same and that the covenants herein contained ahall bi~d ~nd tM bN~efib and ~dvantap~s i~w~
to the respective hein, k~+l representstives, successw~ +nd sss°g^s of the psrties hereto-
qnd said INortgsgors, fw themulves and ti+eir }~eirs, leyal representativq, sutcesson +~d +agro, herebY Iantly and s~verally covenaM ~nd aprs~
b and with the said NrORTGAGEE, its svccason ar~d ~ssiyns:
1. To p+y all ~nd sinyulu the principal and intere~t and the wrious snd sundry sums of eaney psyibl~ bY virh+e of ssid promissory not~, and this ~
mortgape, each and ewry, promPtly on the days respectively the ume sevtrally become dve. _
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2. To p+y all and ixgvlu the taxes. assessments, levies, liabilities, oblig+tions and ~ncumbnnces of ev~ry n+tu?e snd kind now oo said daalb~d
prcpsrty o~ tMt fieresfta msy bs ~rr~posed, suffered, plxed, kried, a ~s~eased theraon, a th~t hereafte? may be kv'iad w asseued vpon N~is AAatp-
~e, a tia indebtedr+ess secured Ixreby, e+ch and every. when dve and p+ysbls, acc«dirg ro law, b~for~ tAey become dslinqwnt. +nd b~fon +nY imerat
attaches or any penalty is incvrrcd% AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROAMTIY SATISFIED AND DISCHARGEO OF
RECORO AND THE ORICsINAI ~OFFICIAI DOCUMENI (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR iHE SATISFACTION P/1PER OFFfC1AlLY ENDORSEO
OR CERTIfIED) SHAII BE PIACED IN TME HANDS Of SAID MORTGAGEE WITHIN iEN DAYS NEXT AFTER PAYMENT; and in the eveM tFwt sny thereof b ~ot
paid, sat'siied and diuhsrged u:d MORTGAGEE may ~t any t~me pay the same or +ny part thereof without w+ivirg o~ affectinQ anY optan• lien, equitl/ or
•~qht vnder or by virtue of this mw~gage and the f~ll amount of each snd every such payment shall be immedi+tely due and payable and shall be~r interest
s.c~ rhe dare rFereef un~~! pa d a~ rare of nine per centum per annum ~nd toyether with such interest shall be secured by the lien of th's morgtage.
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